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09-06-2020 13:15

Foreign Trade Statistics March 2020

1. The Statistical Service of Cyprus announces that it has published the monthly electronic publication “Intra & Extra EU Trade Statistics (Summarised Data)” for March 2020.

2. The main developments in the foreign trade of Cyprus were:

(a) Total imports of goods (from EU Member States and from third countries) in January – March 2020 amounted to €2.108,4 mn as compared to €1.990,0 mn in January – March 2019, recording an increase of 6,0%. Total exports of goods (to EU Member States and to third countries) in January – March 2020 were €742,9 mn compared to €940,3 mn in January – March 2019, registering a decrease of 21,0%. The trade deficit was €1.365,5 mn in January – March 2020 compared to €1.049,6 mn in the corresponding period of 2019.

Total imports in January – March 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €462,4 mn as compared to €385,8 mn in January – March 2019. Total exports in January – March 2020 include the transfer of economic ownership of mobile transport equipment (vessels and aircrafts), with total value of €264,4 mn as compared to €504,8 mn in January – March 2019.

(b) During March 2020 total imports (covering total imports from EU Member States and from third countries) valued at €639,2 mn as compared to €602,7 mn in March 2019, recording an increase of 6,1%.

(c) Exports of domestically produced products, including stores and provisions, in March 2020 were €91,9 mn as compared to €90,8 mn in March 2019, whilst exports of foreign products, including stores and provisions, in March 2020 were €212,9 mn as compared to €126,7 mn in March 2019. Domestic exports of industrial products in March 2020 were €82,5 mn compared to €78,2 mn in March 2019. Domestic exports of agricultural products in March 2020 were €7,8 mn compared to €10,0 mn in March 2019.

3. The monthly electronic publication “Intra-Extra EU Trade Statistics (Summarised Data)” for March 2020 is available for download free of charge from the website of the Statistical Service, under the section “Publications”.


(ND/SCH)